Dixon Technologies Receives Official Credit Rating Reaffirmation from ICRA Limited

Dixon Technologies (India) Limited , a leading electronic manufacturing services company, has officially informed stock exchanges about the reaffirmation of its credit ratings by ICRA Limited through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Rating Reaffirmation

ICRA Limited issued its report dated January 6, 2026, reaffirming Dixon Technologies' credit ratings across various financial instruments. The company communicated this development to BSE Limited and National Stock Exchange of India Limited on January 7, 2026.

Instrument	Rating	Action
Long Term/Short Term Fund based Working Capital Facilities	ICRA AA (Stable)/ICRA A1+	Reaffirmed
Short Term Non-Fund Based Working Capital Facilities	ICRA A1+	Reaffirmed
Long Term/Short Term Unallocated	ICRA AA (Stable)/ICRA A1+	Reaffirmed

The reaffirmation demonstrates ICRA's continued confidence in Dixon Technologies' financial strength and creditworthiness. The ICRA A1+ rating represents the highest grade for short-term instruments, indicating very strong degree of safety regarding timely payment of financial obligations with lowest credit risk.

Financial Strength Indicators

The company's robust financial position is reflected in its latest balance sheet metrics:

Financial Metric	Current Year	Previous Year	Growth
Total Assets	₹3,480.40 cr	₹2,833.50 cr	+22.83%
Total Equity	₹2,182.80 cr	₹1,394.30 cr	+56.55%
Current Assets	₹1,104.20 cr	₹1,367.40 cr	-19.25%
Current Liabilities	₹1,048.80 cr	₹1,228.10 cr	-14.60%

The significant growth in total assets and equity, coupled with reduced current liabilities, supports the strong credit rating assessment. This financial performance aligns with ICRA's confidence in the company's ability to meet its financial obligations.

Regulatory Compliance

The formal communication was signed by Ashish Kumar, President-Chief Legal Counsel & Group Company Secretary, ensuring proper regulatory compliance. The intimation covers the company's scrip codes on both exchanges - 540699 on BSE and DIXON on NSE, with ISIN code INE935N01020.

This credit rating reaffirmation strengthens Dixon Technologies' position in the competitive electronic manufacturing services sector and may enhance investor confidence in the company's financial stability and growth prospects.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+6.01%	+3.64%	-2.60%	-37.18%	-20.66%	+182.05%

Dixon Technologies (India) Ltd. executed a major block trade on the National Stock Exchange (NSE) worth ₹68.80 crores, demonstrating significant institutional trading activity in the consumer durables sector.

Block Trade Details

The transaction involved substantial volume and value, highlighting strong investor interest in the electronics manufacturing services company.

Parameter:	Details
Trade Value:	₹68.80 crores
Number of Shares:	~57,796 shares
Price Per Share:	₹11,904.00
Exchange:	NSE

Market Significance

Block trades of this magnitude typically indicate institutional investor activity, such as mutual funds, insurance companies, or foreign institutional investors making strategic position adjustments. The execution price of ₹11,904.00 per share represents the agreed-upon rate between the buyer and seller for this bulk transaction.

Transaction Overview

The block deal mechanism allows large investors to trade significant quantities of shares without impacting the regular market price discovery process. This particular transaction involving Dixon Technologies reflects the continued institutional interest in India's electronics manufacturing sector, where the company operates as a key player providing manufacturing services across various consumer electronic categories.

The substantial increase in transaction value compared to previous block trades indicates growing institutional confidence in the company's prospects within the consumer durables segment.